Lab-Grown Diamonds Drive Revenue Growth: Vaibhav Global Group CFO

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Nitin Panwad, Group CFO, Vaibhav International revealed that the corporate crossed the Rs 1000 crore income mark prior to now quarter. One of many main driver was the excessive demand for lab-grown diamonds, which provide increased value factors and higher client acceptance. He mentioned that the India-EU FTA is predicted to reinforce jewelry competitiveness by easing commerce and decreasing duties. With a deal with growth in developed markets, the corporate goals for EBITDA breakeven in Germany by FY26.

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